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Earnings Whisper ®
3rd Quarter September 2020
Revenue: $2.31 Bil
4:15 PM ET
Thursday, August 6, 2020
EOG Resources Reports Second Quarter 2020 Results
What do you expect when EOG reports earnings?
Where is EOG's stock price going from here?
EOG Resources, Inc. is one of the largest independent (non-integrated) crude oil and natural gas companies in the United States with proved reserves in the United States, Trinidad, the United Kingdom and China. EOG's strategy is to generate the best rates of return by controlling operating and capital costs while maximizing oil and natural gas reserve recoveries. EOG strives to maintain the lowest possible operating cost structure that is consistent with prudent and safe operations. The company focuses on integrating technology such as 3D seismic, core analysis, and microseismic to develop proprietary petro-physical models. In order to find and develop low-cost reserves, EOG prioritizes exploration and drilling of internally generated prospects. This strategy is intended to consistently deliver cost-effective oil and natural gas production that maximizes cash flow and earnings, allowing the company to deliver long-term shareholder value while maintaining a strong balance sheet.
Cabot Oil & Gas